(Petrobras, 10.Mar.2017) – Petrobras understands that the content disclosed to the market on the Strategic Alliance with Total on 10/24/2016, 12/21/2016 and 3/1/2017, includes the relevant information about this partnership, informing the values that refer to the purchase and sale contracts that were signed between the two companies and to […]
Tag: France
Strategic Alliance Between Petrobras, Total
(Petrobras, 7.Mar.2017) – Petrobras clarified that the R$ 500 million amount mentioned in the article published by the newspaper O Estado de S. Paulo and mentioned by President Pedro Parente in an internal communication to the company’s work force, represents a preliminary estimate of potential gains that may result from […]
Petrobras, Total Finalize Strategic Alliance
(Petrobras, 1.Mar.2017) – Petrobras and Total signed the sales contracts for the assets in the Strategic Alliance, as set out in the Master Agreement signed on the 21st of December, 2016. The contracts signed yesterday form a Strategic Alliance between both companies creating new partnerships in the Upstream and Downstream […]
Petrobras Sells Sugar, Ethanol, PetroChem Assets
(Petrobras, 28.Dec.2016) – These transactions are part of the company’s partnerships and divestments program. The target for the period 2017-2018 is $21 billion … On December 28, 2016, Petrobras closed two asset sales for the total sum of $587 million. The subsidiary Petrobras BiocombustĂvel (PBio) sold to Tereos Participations – […]
Petrobras, Total Move Forward with Alliance
(Petrobras, 21.Dec.2016) – Petrobras signed a Master Agreement with the French company Total, in connection with the Strategic Alliance established in the Memorandum of Understanding signed on 10/24/2016, as previously announced to the market. Entering into strategic partnerships is an important part of Petrobras’ 2017-2021 Business and Management Plan, as […]
Executive Profile: YPF New CEO Ricardo Darré
(Energy Analytics Institute, Jared Yamin, 6.Jun.2016) – Ricardo DarrĂ© will assume the position of CEO at YPF on July 1, 2016, taking over the helm from the interim CEO. DarrĂ© graduated from the Buenos Aires Technology Institute (ITBA by its Spanish acronym) with a specialization in mechanical and industrial engineering, […]
Total to Boost Output in Bolivia by 6.7 MMcm/d
(Energy Analytics Institute, Jared Yamin, 9.May.2016) – France’s Total plans to boost natural gas production by 6.7 million cubic meters per day at Aquio Incahuasi. The French company also plans to take part in the second phase of activities at the field whereby it plans to boost output there by […]
Petrobras Libra Consortium 2nd Extension Well
(Petrobras, 24.Mar.2015) – The Libra consortium has finished drilling extension well 3-BRSA-1267-RJS/3-BRSA-1267A-RJS (3-RJS-735/735A). The drilling results confirmed the presence of a hydrocarbon column approximately 200 meters deep in reservoirs with good permeability and porosity characteristics. Informally known as C1, the well is located in the central part of the Libra […]
CGG Lands Anadarko Seismic Deal in Colombia
(CGG, 19.Mar.2015) – France’s CGG has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation to acquire and process a 6,299-square mile (16,314square kilometers) 3D seismic survey on the Caribbean coast offshore Colombia. The survey will be the largest marine seismic program ever acquired in Colombia and follows […]
Perenco to Buy Petrobras Assets in Colombia
(Energy Analytics Institute, Ian Silverman, 29.Oct.2013) – Petrobras plans to sell its interest in onshore blocks and two pipelines to France’s Perenco for $380 million to focus more attention on projects in Brazil, reported the daily newspaper El Espectador The deal includes interest in: 11 onshore blocks that are producing […]
Total Awarded License In Uruguay
(Total, 3.May.2012) — Total has been awarded an exploration license for Uruguay’s offshore Block 14, following the second bidding round held by the national company, ANCAP. This license remains subject to further approval by Uruguayan authorities. Block 14 has a surface area of 6,690 km² and is located in the […]